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Friday, May 9, 2008

May 9 Options Writing Trades Update

Japan's Nikkei stock average fell 2.1 percent on Friday, marking its first weekly decline in eight weeks. Asian markets are generally trading in the negative too on Friday. I am looking at the Jul N225 below 10000 Put Options to add to my options positions. UK markets are trading in negative territories as we speak. US futures are also pointing to a considerable lower start Friday with record high oil prices. It appears that uncertainty lingers on in terms of economic outlook.

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